FACTORS AFFECTING EMPLOYEE TURNOVER INTENTION IN DEVELOPMENT BANK OF ETHIOPIA

Abstract

The purpose of this study is to identify factors contributing towards turnover intention in existing employees of Development bank of Ethiopia. The turnover intention can be measured in the aspect of personal factor, social and economic factor, job stress, working environment, compensation salary Employee relationship with management and career growth. Primary data were collected through the use of questionnaire to the bank employees. Around 264 questionnaires were distributed and almost all questionnaires were successfully collected from the respondents. All the data was gathered from the respondents were analyzed using Statistical Package for Social Science (SPSS) versions 20.0. Descriptive analysis technique is used to identify the background of respondents in the aspect of age, gender, marital status, years of experience, and qualification. The result of the study shows that there is a high dissatisfaction with working environment and employee relationship with management compared to other variables such as job stress, compensation salary and career growth. This study has played an important role to identify variables or factors contributing towards employees’ turnover intention in Development bank of Ethiopia and also identified few steps to reduce the problem of turnover intention.